Indian Overseas Bank PENUMARTHI Branch IFSC Code

IOBA 0001037
Indian Overseas Bank Logo Indian Overseas Bank
PENUMARTHI — EAST GODAVARI, ANDHRA PRADESH
MICR: 533020542 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
PENUMARTHI
IFSC Code
IOBA0001037
MICR Code
533020542
Address
2 152 BY 3,APSP POST,RAYUDUPALEM JUNCTION,PENUMARTHI 533005
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City
EAST GODAVARI
District
PENUMARTI
State
ANDHRA PRADESH
Contact
2306329

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0001037 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code IOBA0001037.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0001037.

IFSC Code Structure

I
O
B
A
0
0
0
1
0
3
7
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 001037 — Branch code (PENUMARTHI)

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Frequently Asked Questions

Is IOBA0001037 valid for online transfer?
Yes, IOBA0001037 is a valid IFSC code for Indian Overseas Bank PENUMARTHI branch in EAST GODAVARI, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0001037 belong to?
IOBA0001037 belongs to Indian Overseas Bank. The first 4 characters "IOBA" identify the bank.
What is the MICR code for this branch?
The MICR code for Indian Overseas Bank PENUMARTHI is 533020542. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0001037?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.